The United States may be unintentionally pushing the world to ditch the dollar as the global reserve currency, according to
She warned that restricting naira transactions on cryptocurrency exchanges could drive Nigerians to US dollar-denominated assets, worsening the naira’s
The Bank of England announced that banknotes featuring a portrait of King Charles III entered circulation for the first time
The ongoing clash between Femi Otedola, a renowned billionaire businessman, and Jim Ovia, the chairman of Zenith Bank, has escalated
Standard Chartered has been accused of helping to fund terrorist organisations. A recent revelation alleges that Standard Chartered, a prominent
The Nigerian Deposit Insurance Commission (NDIC) and the House of Representatives have assured Heritage Bank depositors of the protection of
After denials by the Nigerian Deposit Insurance Corporation (NDIC) of a liquidation process, Nigeria’s Central Bank has taken decisive action
The Central Bank of Nigeria (CBN) has revoked the banking licence of Heritage Bank Plc. This action, according to the
Global payments giant PayPal has introduced its stablecoin PYUSD to the Solana blockchain, aiming to expand its presence in the
The Federal Government of Nigeria has announced a significant $12 million commitment from the United States aimed at enhancing transparency
“The CBN has achieved a unified exchange rate – this has eluded Nigeria for 11 years. All this is
The Central Bank of Nigeria’s Monetary Policy Committee has increased the benchmark interest rate by 150 basis points to 26.25
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